Hmmmm someone got very defensive. So much so that they didn't even read my post properly. I stated that I follow technical analysis and even gave an example.
My query was specifically re: Fibonacci retracement and the ?mechanism on how they affect SP. I'm sceptical but willing to hear or read an explanation. Yet to find anything beyond "nature" or "golden ratio".
I don't doubt that people have made money using them, just like people can win money by flipping a coin.
PNV - Chart, page-8804
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Last
$2.30 |
Change
-0.030(1.29%) |
Mkt cap ! $1.587B | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.38 | $2.29 | $2.291M | 989.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2733 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19664 | 7 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |